119
119
Dec 6, 2012
12/12
by
CSPAN
tv
eye 119
favorite 0
quote 0
you protect against that cliff with pse now you're down to only $650 billion of revenue. let's look at it from a public policy perspective. $25,000. there is a good chance your fiscal lot will be $25,000. what to take care deduction, you have used the entire thing. -- once you take the entire deduction, you may have used the entire thing. no reason to turn them in irs. the have used your cap on those items. look at the top 1% under this proposal, 97% would lose any incentive at all to give additional money to charity. these are house holds responsible for one-third of tax-deductible giving. you take away their deduction completely, you will have $10 million left a year going to charity according to the estimates the cbo has done. $450 billion is a painful contribution to deficit reduction. it could -- is a meaningful contribution to deficit reduction. it does not get too close to what you need to satisfy what you need to have a balance plan at the end of the day. i will not walk you through the 18 other ideas that have been floated in some form or another in the public di
you protect against that cliff with pse now you're down to only $650 billion of revenue. let's look at it from a public policy perspective. $25,000. there is a good chance your fiscal lot will be $25,000. what to take care deduction, you have used the entire thing. -- once you take the entire deduction, you may have used the entire thing. no reason to turn them in irs. the have used your cap on those items. look at the top 1% under this proposal, 97% would lose any incentive at all to give...
149
149
Dec 4, 2012
12/12
by
CSPAN
tv
eye 149
favorite 0
quote 0
i have been watching about the fiscal cliff for the last couple months or so. my problem is they're talking about cutting revenue and entitlements. when it came down to entitlements in the first place, i paid into social security for 30 years. i paid my money. it does not make any sense for you to cut my salary which is almost lower than $16,000 a year. i used to make $38,000. now down to $16,000 and i have to give up more? i do not think that is right. if they just do one thing, all the congressional people, all of the senate people and the people in washington, d.c., give back $10,000 from themselves. 2%. i think they can come up with almost a billion dollars right there. host: ted, what do you think? caller: good morning. i believe that several of the callers today saying that the government should be run like a household. [indiscernible] they need to be able to do that to keep the economy going. programs like medicare, why they are paid into by people throughout their lives, they need to have oversight in order to keep them leaner. i work with medicare a lo
i have been watching about the fiscal cliff for the last couple months or so. my problem is they're talking about cutting revenue and entitlements. when it came down to entitlements in the first place, i paid into social security for 30 years. i paid my money. it does not make any sense for you to cut my salary which is almost lower than $16,000 a year. i used to make $38,000. now down to $16,000 and i have to give up more? i do not think that is right. if they just do one thing, all the...
131
131
Dec 6, 2012
12/12
by
CSPAN
tv
eye 131
favorite 0
quote 0
and the federal reserve have both forecast the -- if we have the fiscal cliff, unemployment will go up substantially. is that something you're willing to see happen if the republicans continue to refuse to compromise? >> we've kicked the can down the road for too long. we're not going to do it anymore. we want certainty. the only way to have certainty is to have the rich pay a little bit more. the meetings with the business round table and other groups i've met with, including the business round table, the people who are making this money, they're willing to pay the extra money. the american people believe they should pay the extra money. there's polls out today, by a 2-1 mar general the american people believe this to be the case. the only people in america who disagrow with that are republicans who serve in the building we're in now. >> are you willing to allow that forecast recession -- >> the president has been very clear. he's been very clear, i've been very clear. republicans have to make sure they allow the rate increase to take place. >> is there a way to have any kind of stiml
and the federal reserve have both forecast the -- if we have the fiscal cliff, unemployment will go up substantially. is that something you're willing to see happen if the republicans continue to refuse to compromise? >> we've kicked the can down the road for too long. we're not going to do it anymore. we want certainty. the only way to have certainty is to have the rich pay a little bit more. the meetings with the business round table and other groups i've met with, including the...
107
107
Dec 7, 2012
12/12
by
CSPAN
tv
eye 107
favorite 0
quote 0
fiscal cliff, turn off these automatic spending cuts and make sure that taxes don't go up. and then they would figure out what to do with the upper bracket. and then there would be a mechanism that would guarantee further action next year. if at all possible, they would disagree next year and there would be some sort of trigger or punishment for their lack of action. that sounds relatively simple, i think, putting it all together could take at least a couple of weeks after they have a deal. there could be some inevitable blocks either by conservatives in the house or in the senate. blowups either byow wha conservatives in the house or in the senate. the details can get pretty political party quickly. there's so much in flux. it all presupposes that the get an agreement. there was a school of thought that they could not get an agreement until tax rates actually go up next year. >> you can follow himat @apandrewtaylor. >> a discussion on the u.s. economy and you pull in the middle class with participants from think tanks, academia and business at 8:30 a.m. eastern tomorrow on
fiscal cliff, turn off these automatic spending cuts and make sure that taxes don't go up. and then they would figure out what to do with the upper bracket. and then there would be a mechanism that would guarantee further action next year. if at all possible, they would disagree next year and there would be some sort of trigger or punishment for their lack of action. that sounds relatively simple, i think, putting it all together could take at least a couple of weeks after they have a deal....
125
125
Dec 7, 2012
12/12
by
CSPAN
tv
eye 125
favorite 0
quote 0
congressman allyson schwartz sat down with national journal's ron brownstein to talk about the fiscal cliff, job creation, and deficit reduction. >> fed me introduce the moderator, ron brownstein. he is the editorial director of "national journal" and the atlantic. he oversees political coverage coming out of our company. he writes a weekly column for national journal and on major cable networks regularly. he is the most astute analyst in washington. we have had changes. gene could not make it at the last minute. there is a meeting going on right now, which may be productive. we have congresswoman allyson schwartz from pennsylvania, who has served on the ways and means committee in the house and now on the budget committee. she has become a big deal. we are happy to have you. >> thank you. gene was summoned a way for a meeting, which may or may not be good news on the fiscal front. i hope this will be less eventful than the last panel i moderated. i was at harvard where they do the debrief every four years with the senior campaign officials of both teams. all of the power went out in
congressman allyson schwartz sat down with national journal's ron brownstein to talk about the fiscal cliff, job creation, and deficit reduction. >> fed me introduce the moderator, ron brownstein. he is the editorial director of "national journal" and the atlantic. he oversees political coverage coming out of our company. he writes a weekly column for national journal and on major cable networks regularly. he is the most astute analyst in washington. we have had changes. gene...
134
134
Nov 30, 2012
11/12
by
CSPAN
tv
eye 134
favorite 0
quote 0
cliff if the markets are going ballistic. it would settle down after a while. host: what is the likelihood we will see changes? guest: they will not necessarily occur at the beginning of congress. there is a good chance that they will step back and do a compromise that involved both parties. for your time. >> robert van order looks at the mortgage debt release act then bradford fitch discusses orientation sessions for senior aides of member and members alike in congress. after that, the artistic self advocacy network on been an autistic adults. -- being an autistic adult. "washington journal" live saturday. president obama called on congress to pass an extension of tax cuts for the middle class, while allowing tax rates to increase for people making more than $250,000 a year. later in the day, house speaker john boehner responded to the presidents comments. you can see both of them starting at 8:00 p.m. eastern here on c-span. next, a look at the fiscal health of the federal housing administration. according to a recent audit
cliff if the markets are going ballistic. it would settle down after a while. host: what is the likelihood we will see changes? guest: they will not necessarily occur at the beginning of congress. there is a good chance that they will step back and do a compromise that involved both parties. for your time. >> robert van order looks at the mortgage debt release act then bradford fitch discusses orientation sessions for senior aides of member and members alike in congress. after that, the...
97
97
Nov 29, 2012
11/12
by
CSPAN
tv
eye 97
favorite 0
quote 0
that we do not want to do. >> as we continue to move to solve the fiscal cliff problem, one thing we want to look at is make sure small business is ok. i had my first business when i was 19 years old -- a sandwich shop. listen to small businesses, look across there, they are the engine that makes the economy grow. today we will meet with individuals in the business community. next week, a small business coalition will talk to us on ways we can solve the fiscal cliff while the same time growing this economy. the goal of this republican majority is to solve the fiscal cliff once and for all and put us on a path to grow the economy. >> we are 34 days away from what would be the largest tax increase in american history, and the speaker boehner and the republicans have put forward a balanced plan that would prevent that from happening and not devastate our economy at a time when our economy continues to struggle and people are having a tough time finding work. we need to take action that will insure that small-business owners all across this country continue to be able to survive. many ha
that we do not want to do. >> as we continue to move to solve the fiscal cliff problem, one thing we want to look at is make sure small business is ok. i had my first business when i was 19 years old -- a sandwich shop. listen to small businesses, look across there, they are the engine that makes the economy grow. today we will meet with individuals in the business community. next week, a small business coalition will talk to us on ways we can solve the fiscal cliff while the same time...
147
147
Dec 6, 2012
12/12
by
CSPAN
tv
eye 147
favorite 0
quote 0
we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more spending, and generate more revenue. we need to do it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage point payroll tax cut has played an important role to sustain the recovery. boosting economic growth by an estimated 0.5% of one percentage point, and creating 400,000 jobs. we should continue the payroll tax cut through 2013, and yesterday i introduce legislation that would keep the employee payroll tax at 4.2% next year. to keep the economy growing -- there is good evidence of that in the last couple of months
we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more...
115
115
Dec 5, 2012
12/12
by
CSPAN
tv
eye 115
favorite 0
quote 0
he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator rubio? [laughter] >> are you still doing this? >> ask him a real question. this is a great chance. >> last night you talked about a new direction for the republican party. and one of the things that you talked about is education. and how to make higher education cheaper, how to reform pell grants. what will be the number one thing that you would do, that you can do as a freshman minority senator? >> well, i don't think there is a number one thing. i think there's a number of number one things, you have to do them all. the biggest obstacle we face as a 21st century doesn't look like a 20th century student. it's not just an 18-year-old that graduated high school. it still continues to be a significant part of the folks that are going into college, but it's also t
he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator rubio? [laughter] >> are you still doing this? >> ask him a real question. this is a great chance. >> last night you talked about a new direction for the republican party. and one of the...
124
124
Nov 30, 2012
11/12
by
CSPAN
tv
eye 124
favorite 0
quote 0
again, we don't think social security should be on the table in these fiscal cliff discussions. not the driver of the deficit, and further down the line, we think it's important to not mess with the age or switch to the chain c.p.i. or any other cuts that would affect beneficiaries. mr. scott: would the gentlelady yield? ms. moore: i yield. mr. scott: people caulk about increasing the age of social security or cost of living increase, the first question is whether or not you're going to cut social security. and then if you decide to cut social security, the different -- there are different ways to have doing it. some more painful than others. but the first question is, are you cutting social security? but part of the question is, why? if none of the tax cuts get extended, at this point you have more money than you need on the table system of the only reason you're even discussing a cut in social security is because you want to extend the tax cut. now i think most people when they're faced with the choice, do you want social security to be a piggy bank every time we're running sh
again, we don't think social security should be on the table in these fiscal cliff discussions. not the driver of the deficit, and further down the line, we think it's important to not mess with the age or switch to the chain c.p.i. or any other cuts that would affect beneficiaries. mr. scott: would the gentlelady yield? ms. moore: i yield. mr. scott: people caulk about increasing the age of social security or cost of living increase, the first question is whether or not you're going to cut...